Speaker | Silvia Rita Sedita, Associate Professor, University of Padova |
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Time | Thursday, July 11, 2019 18:30-19:30 |
Venue | GRIPS 4th Floor Room 4A |
Sponsor | National Graduate Institute for Policy Studies (GRIPS) Sciencec, Technology and Innovation Program (GIST) |
Language | English |
Fee | Free |
Increasing demand granularity and shortening product life cycles impose a heavier innovation load on companies. As product portfolios need to be expanded further and market demands new products more often, R&D and innovation require more resources and risk exposure. To address this challenge, collaboration for R&D and innovation emerges as a strategic capability. Company innovation strategies have recently been characterized indeed by a tendency towards more openness; with firms increasingly relying on outside information and collaborations to develop new products, services and processes. Open innovation changes therefore how businesses work together by combining internal resources with external ones to boost innovation. The first evidence of this model concern large high-tech manufacturing companies, such as IBM or Intel, which deliberately implemented this paradigm in their innovation strategy. In contrast, small and medium-sized enterprises have received scant attention in the open innovation literature. Our work aims at examining, through a quali-quantitative analysis, the innovation performances of SMEs and how they are connected to the recourse of external collaborations, using a sample of 181 manufacturing SMEs from the Veneto region. Results come from the estimation of a negative binomial regression model and a configurational analysis conducted through the fsQCA 3.0 software.